England face selection dilemma as Archer nears return

JOHANNESBURG: England captain Joe Root on Thursday was looking forward to the prospect of two of the world’s fastest bowlers operating on a pace-friendly pitch in the fourth and final Test against South Africa, starting at the Wanderers on Friday. Root said Jofra Archer had bowled with ‘good pace’ in practice on Wednesday after recovering […]

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Pakistan seek clean sweep against Bangladesh to keep T20 top spot

LAHORE: If Pakistan are to hold on to top spot in the world Twenty20 rankings, they cannot afford any slip-ups against Bangladesh in the three-match series which gets underway here at the Gaddafi Stadium from Friday. Only a clean sweep of the visitors in the latest series that will show that the country is safe […]

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‘I’m better than that’: Serena stunned at Australian Open

Down to what sure felt like her last chance, Serena Williams came through with a cross-court forehand winner to close a 24-stroke point, then raised her arms, held that celebratory pose and looked over toward her guest box. Finally, on her sixth try, after one hour of action, she had managed to convert a break […]

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Malik’s half-century helps Pakistan win first T20 against Bangladesh

Pakistan on Friday won the first Twenty20 International against Bangladesh by five wickets in Lahore, courtesy of a superb half-century by veteran all-rounder Shoaib Malik. The hosts, who were chasing a target of 142 runs set by Bangladesh, reached their goal with three balls to spare in the first contest of a three-match series. Player […]

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UK watchdog tells markets: be ready in case of no EU trade deal

LONDON: Financial firms in Britain should be ready in case no trade agreement is struck with the European Union by December, a senior UK regulator said on Thursday. Britain leaves the EU next week, followed by a “business as usual” transition that ends in December. Britain and the EU will formally begin trade talks in […]

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Six-month profit outflow rises to $836m

KARACHI: Outflow of profits and dividends from the country during the first half of current fiscal year increased by 10 per cent despite lower outflows from the foreign portfolio investment. The outflow during July-Dec FY20 was $836 million compared to $759.5m in the same period last fiscal year. However, portfolio investment outflows fell to $93m […]

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Industry deplores ‘knee-jerk U-turns’ in economic policy

ISLAMABAD: The government and the country’s big businesses entered into a serious tug of war over electricity tariff that has increased by almost 35 per cent on average over the past 18 months. Pakistan Business Council — an alliance of about 82 of the largest Pakistani business houses claiming about 18 per cent share in […]

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International restrictions blamed for lower oil production

ISLAMABAD: Confirming economic slowdown due to stabilisation programme, the government on Thursday said the operations of local refineries had slowed down because of high production of residual fuel oil (RFO) and the international ban on its use for bunkering with effect from Dec 31, 2019. In a statement, the petroleum division said that because of […]

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Opposition terms Transparency International report ‘charge-sheet’ against govt

ISLAMABAD: Major opposition parties on Thursday termed the Transparency International (TI) report on corruption and state of democracy in Pakistan a “charge-sheet” against the Pakistan Tehreek-i-Insaf (PTI) government, saying the report had “badly exposed” the tall claims of Prime Minister Imran Khan about his government’s actions against corruption. Quoting TI’s Corruption Perceptions Index (CPI) which […]

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